Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
Enel Green Power RSA has begun construction of a 140 MW wind farm, in the Amatole District in South Africa’s Eastern Cape province. In a statement released on Tuesday, the company said the project will require an overall investment of $226 million and is expected to generate over 460 GWh annually once fully operational. The […]
US Secretary of State Mike Pompeo on Monday denounced corruption in Angola, second leg of his current African tour. In Angola, an oil-rich country whose people remain impoverished, Pompeo met with President Joao Lourenco, who is making strides against corruption, including actions against close relatives of the former leader. The oil-rich nation is ranked […]
